NasdaqCM:CFBI

Stock Analysis Report

Community First Bancshares

Executive Summary

Community First Bancshares, Inc. operates as the holding company for Newton Federal Bank that provides various banking products and services in the United States.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Community First Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CFBI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.8%

CFBI

-0.8%

US Banks

-1.2%

US Market


1 Year Return

7.1%

CFBI

15.3%

US Banks

15.5%

US Market

Return vs Industry: CFBI underperformed the US Banks industry which returned 15.3% over the past year.

Return vs Market: CFBI underperformed the US Market which returned 15.5% over the past year.


Shareholder returns

CFBIIndustryMarket
7 Day2.8%-0.8%-1.2%
30 Day7.8%0.5%1.4%
90 Day12.3%14.1%4.7%
1 Year7.1%7.1%18.7%15.3%18.0%15.5%
3 Yearn/a28.5%19.5%44.8%35.4%
5 Yearn/a72.2%53.1%67.3%48.9%

Price Volatility Vs. Market

How volatile is Community First Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Community First Bancshares undervalued compared to its fair value and its price relative to the market?

1.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CFBI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CFBI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CFBI is unprofitable, so we can't compare its PE Ratio to the Banks industry average.

PE vs Market: CFBI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CFBI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CFBI is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Community First Bancshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.3%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Community First Bancshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Community First Bancshares performed over the past 5 years?

-63.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CFBI is currently unprofitable.

Growing Profit Margin: CFBI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CFBI is unprofitable, and losses have increased over the past 5 years at a rate of -63.5% per year.

Accelerating Growth: Unable to compare CFBI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CFBI is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (27.1%).


Return on Equity

High ROE: CFBI has a negative Return on Equity (-1.02%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Community First Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: CFBI has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CFBI's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: CFBI's level of assets compared to its equity is low.

Allowance for Bad Loans: CFBI has a sufficient allowance for bad loans.

Low Risk Liabilities: CFBI's liabilities are made up of primarily low risk sources of funding.

Loan Level: CFBI has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CFBI's loans are broadly funded by customer deposits.

Level of Bad Loans: CFBI has an appropriate level of bad loans (0.87%)


Next Steps

Dividend

What is Community First Bancshares's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CFBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CFBI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CFBI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CFBI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CFBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Community First Bancshares's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Johnny Smith (60yo)

3.8yrs

Tenure

US$296,627

Compensation

Mr. Johnny S. Smith serves as Chief Executive Officer and President at Community First Bancshares, Inc. (MHC) (“Company”) and Newton Federal Bank (MHC) (“Bank”). He brings to Bank over 25 years of banking  ...


CEO Compensation Analysis

Compensation vs Market: Johnny's total compensation ($USD296.63K) is below average for companies of similar size in the US market ($USD508.62K).

Compensation vs Earnings: Johnny's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

3.8yrs

Average Tenure

51yo

Average Age

Experienced Management: CFBI's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

3.9yrs

Average Tenure

71yo

Average Age

Experienced Board: CFBI's board of directors are considered experienced (3.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Johnny Smith (60yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$296.63k
  • Greg Proffitt (51yo)

    Executive VP

    • Tenure: 3.8yrs
    • Compensation: US$201.56k
  • Kenny Lumpkin (54yo)

    Chief Lending & Marketing Officer and Executive VP

    • Tenure: 3.8yrs
    • Compensation: US$200.35k
  • Tessa Nolan (34yo)

    Senior VP & CFO

    • Tenure: 3.8yrs
  • John Crook (39yo)

    Senior VP & Senior Credit Officer

    • Tenure: 1.3yrs
  • Nancy Mask

    Vice President of Branch Sales Manager - Eastside

    • Tenure: 0yrs

Board Members

  • Billy Fortson (77yo)

    Chairman of the Board

    • Tenure: 2.9yrs
    • Compensation: US$109.33k
  • Marshall Ginn (66yo)

    Independent Director

    • Tenure: 15.9yrs
    • Compensation: US$52.84k
  • Bob Richardson (71yo)

    Independent Director

    • Tenure: 28.9yrs
    • Compensation: US$103.21k
  • Johnny Smith (60yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$296.63k
  • Phil Stone (72yo)

    Independent Director

    • Tenure: 18.9yrs
    • Compensation: US$64.72k
  • Robby Roberts (71yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: US$23.85k
  • Mark Ross (50yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: US$22.95k

Company Information

Community First Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Community First Bancshares, Inc.
  • Ticker: CFBI
  • Exchange: NasdaqCM
  • Founded: 1928
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$84.194m
  • Shares outstanding: 7.56m
  • Website: https://www.newtonfederal.com

Number of Employees


Location

  • Community First Bancshares, Inc.
  • 3175 Highway 278
  • Covington
  • Georgia
  • 30014
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFBINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDApr 2017
561DB (Deutsche Boerse AG)YesCommon StockDEEURApr 2017

Biography

Community First Bancshares, Inc. operates as the holding company for Newton Federal Bank that provides various banking products and services in the United States. The company offers various deposit account ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/06 00:43
End of Day Share Price2019/12/05 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.